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Tapping into Supplier Data to Reveal New Opportunities to Optimize B2B Payments


Date 08:00 AM - 08:50 AM (0 hours 50 minutes)
Thursday, May 09
Payments in Practice

Corporates are constantly looking for ways to encourage suppliers to adopt highly efficient digital B2B payments with the goal of improving the experience for all involved. In this session, we will examine how supplier enablement and rich data are key drivers for exposing new opportunities to optimize payments across the B2B landscape. Speakers will discuss how corporates are successfully leveraging supplier onboarding and management across different stages of the procure-to-pay process to drive payment strategies and share best practices in offering suppliers alternatives to traditional payments and standard terWe will discuss how offering digital B2B payments can simultaneously enable improvement in buyer days payables and supplier days sales outstanding, providing an efficient digital experience for all parties. Attendees will gain insights into how to leverage the right type of supplier enablement to unlock critical efficiencies and working capital management opportunities.